Trump announced that he will not run for president in the upcoming election.
Trump stated that the list of candidates for Fed chair has been narrowed down to four, with the final decision expected to be announced by the end of the week.
The U.S. Securities and Exchange Commission (SEC) announced that liquid staking activities are not classified as securities.
At the time of writing, Bitcoin (BTC) is trading at $113,973, while Ethereum (ETH) is trading at $3,623.
The Fear and Greed Index is currently at "52," indicating neutral market sentiment.
Important developments to watch throughout the day:
General Crypto Event: RareEVO 2025 will begin today (August 6–10). Space and Time (SXT): Chainlink-powered rewards program (100M SXT) concludes today.
